Why are people not happy that the market is falling?


If you're an accumulator you should be happy that the market isn't going past it old high.

Why would you want to be paying MORE for your shares?

I take it the majority here are young and you should be hoping that the market goes to 2000 and doesn't recover for 20 years.

Why?

Cause you'll be buying your shares for a 50% discount!

Then in 20 years when the market finally reaches 4400 again you'll have doubled all the money that you put in all those years.

I'm in my mid 40s and I want the market to go down as far as is possible.

I don't care if my portfolio gets cut in half cause I don't need the money for at earliest, another 25 years. I am working till 70 and then will still work part time at a grocery store or something.

I mean if you're 20 or 30 or even 40, you shouldn't be asking things like “when do you think the market will hit its all time high again?” Blah blah.

Just keep adding money.

I'm also adding all my new money to cash paying 5% right now in my money market.

I'll put that cash to work when the market drops further in February March like it normally does.

I'm expecting lower than 4000 to maybe 3500.

Right now, we'll probably pump cause November and December are seasonally strong. After that, maybe January is good and then smart money sells and takes profits in February March most years.

I'll ride the pump (30% cash) till January or so then sell to mostly cash waiting for the drop.

Keep the faith!

Remember that you MAKE MORE if you buy low, not high. That requires the market to go down! Not up!


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